National investment strategy spurs economic growth, enhances public finance sustainability: ministry

11/10/2021 Argaam

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Saudi Arabia's National Investment Strategy (NIS) lays down a positive path for the future of investments in the Kingdom, as it will spur economic growth across the board, said the Ministry of Finance.
 

Ministry of Finance Mohammed Al-Jadaan, said that the strategy is a further step towards bolstering public finance sustainability and build a well-diversified economic, in line with Vision 2030.
 

Crown Prince Mohammed bin Salman launched earlier today the National Investment Strategy – a key enabler of the Vision 2030 objectives.
 

The strategy seeks to raise net foreign direct investment to SAR 388 billion annually and boost local investment to SAR 1.7 trillion annually by 2030.

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